Director Shareholding

Henderson TR Pacific Inv. Trust PLC
27 November 2001

                                 SCHEDULE 11

         NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS

 1. Name of company
    HENDERSON TR PACIFIC INVESTMENT TRUST PLC


    2) Name of director
    MR M J WATT


    3) Please state whether notification indicates that it is in respect of
    holding of the shareholder named in 2 above or in respect of a
    non-beneficial interest or in the case of an individual holder if it is a
    holding of that person's spouse or children under the age of 18 or in
    respect of a non-beneficial interest
    BENEFICIAL


    4) Name of the registered holder(s) and, if more than one holder, the
    number of shares held by each of them (if notified)
    LLOYDS TSB REGISTRARS SAVINGS SCHEME NOMINEES LIMITED


    5) Please state whether notification relates to a person(s) connected
    with the Director named in 2 above and identify the connected person(s)
    N/A


    6) Please state the nature of the transaction. For PEP transactions
    please indicate whether general/single co PEP and if discretionary/non
    discretionary
    SHARES PURCHASED THROUGH HENDERSON INVESTMENT TRUST SHARE PLAN - 100%
    BENEFICIAL


    7) Number of shares/amount of
    stock acquired
    373 SHARES - 26 NOVEMBER 2001

    8) Percentage of issued class
    INSIGNIFICANT


    9) Number of shares/amount
    of stock disposed
    -


    10) Percentage of issued class
    -


    11) Class of security
    ORDINARY 5p SHARES


    12) Price per share
    66.0P


    13) Date of transaction
    26 NOVEMBER 2001


    14) Date company informed
    27 NOVEMBER 2001


    15) Total holding following this notification
    100,326

    16) Total percentage holding of issued class following this notification
    0.05%

    If a director has been granted options by the company please complete the
    following boxes

    17) Date of grant



    18) Period during which or date on which exercisable



    19) Total amount paid (if any) for grant of the option



    20) Description of shares or debentures involved: class, number



    21) Exercise price (if fixed at time of grant) or indication that price
    is to be fixed at time of exercise



    22) Total number of shares or debentures over which options held
    following this notification



    23) Any additional information


    24) Name of contact and telephone number for queries
    GEOFFREY RICE - 020 7818 4469


    25) Name and signature of authorised company official responsible for
    making this notification
    MR G S RICE, FOR AND ON BEHALF OF HENDERSON SECRETARIAL SERVICES LTD,
    SECRETARY
    Date of Notification 27 NOVEMBER 2001